Saturday 17 October 2026 Export WAFD’s income statement to Excel — free account

WaFd, Inc.

WaFd, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $1.4 billion, down 1.52% from fiscal 2024. In the quarter to June 2026, revenue grew 1.80%, EPS grew 16.4%, free cash flow grew 33.9% and total debt rose 68.2%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

29.10 0.35 −1.19%

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Market cap: $2.2B
P/E: 9.1×
Fwd P/E: 10.9×
Dividend yield: 3.71%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.10

Total sells 0.96

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	1	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	1	—	1	—	—	—	—	—	—

Insider Ownership 1.44%

Capital & Financial Ratios $m

Market Cap 2,180.00

Revenue 1,388.53

Net Income 256.47

Free Cash Flow 278.65

Net Debt 2,586.89

Current Ratio 0.98

Debt/Equity 1.08

P/E ratio 9.12

Fwd P/E 10.90

P/S ratio 1.55

P/B ratio 0.79

Past 5Y EPS Growth 3.08%

This Y EPS Growth 9.55%

Next Y EPS Growth 4.50%

Next Y revenue growth (43.77%)

Next 5Y EPS Growth 11.80%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 11.39%

10-year low 10-year high

P/S against its own 10 years 4.02%

10-year low 10-year high

P/B against its own 10 years 3.58%

10-year low 10-year high

Dividends

Payout Ratio 0.34

Annual Dividend Rate 1.08

Annual Dividend Yield 3.71%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.08	0.27 0.27 0.27
2025	1.08	0.27 0.27 0.27 0.27
2024	1.04	0.26 0.26 0.26 0.26
2023	1.00	0.25 0.25 0.25 0.25
2022	0.96	0.24 0.24 0.24 0.24
2021	0.92	0.23 0.23 0.23 0.23
2020	0.88	0.22 0.22 0.22 0.22
2019	0.82	0.20 0.20 0.21 0.21
2018	0.70	0.17 0.17 0.18 0.18
2017	0.60	0.15 0.15 0.15 0.15
2016	0.56	0.14 0.14 0.14 0.14

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	981	2,381	657	676
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	18,544	23,400	20,845	20,793

	2023	2024	2025	Q'26
Payables	16,070	21,374	21,438	20,932
ST’ Debt	—	—	—	—
Other	—	—	—	—
	16,346	21,680	21,783	21,223

Compound Annual Growth %

	10y	5y	3y
Sales	9.47%	14.78%	24.40%
Cash Flow	5.19%	7.30%	(4.08%)
Earnings	2.81%	4.04%	(1.57%)
Book Value	4.51%	8.58%	10.15%

Revenue $m

	Dec	Mar	Jun	Sep	Year
’26	343	345	356	—	—
’25	361	355	350	345	1,411
’24	301	332	409	390	1,432
’23	247	265	287	295	1,095
’22	169	166	185	212	733
’21	162	161	161	169	652
’20	211	176	163	158	708

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	60	79	70	—	—
’25	49	72	58	57	237
’24	110	169	63	97	439
’23	66	45	20	83	214
’22	27	56	88	97	268
’21	94	111	45	65	314
’20	74	(23)	61	55	167

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	60	83	78	—	—
’25	51	72	58	57	239
’24	102	178	63	97	441
’23	67	45	20	83	215
’22	24	53	85	106	269
’21	86	102	40	90	318
’20	122	(29)	50	46	190

Fiscal quarters ending in the months shown.

EPS $

	Dec	Mar	Jun	Sep	Year
’26	0.79	0.82	0.84	—	—
’25	0.54	0.65	0.73	0.72	2.63
’24	0.85	0.17	0.75	0.71	2.50
’23	1.16	0.95	0.89	0.72	3.72
’22	0.71	0.70	0.91	1.07	3.39
’21	0.51	0.56	0.61	0.72	2.39
’20	0.84	0.49	0.46	0.45	2.26

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	19.11	29.80	24.67	25.47	20.01	25.13	29.46	23.36	25.79	23.75	Analyst estimates 2026–2028 Powerpack
	High	35.95	35.90	37.70	38.26	36.85	36.84	39.17	37.29	38.62	33.81
People
People	Employees	1,806	1,818	1,877	1,971	2,080	2,082	2,132	2,120	2,208	2,037
	Revenue/emp, $m	0.32	0.33	0.35	0.37	0.34	0.31	0.34	0.52	0.65	0.69
Income, $m
Income, $m	Revenue	584	601	651	734	708	652	733	1,095	1,432	1,411
	Gross margin, %	80.04	80.54	79.28	74.05	78.57	86.74	90.21	67.79	50.37	51.43
	EBT	248	256	257	263	219	233	300	325	256	290
	EBT margin, %	42.50	42.62	39.51	35.81	30.95	35.75	40.95	29.68	17.88	20.53
	Net income	164	174	204	210	173	184	236	257	200	226
	Depreciation	20	42	47	31	40	34	64	23	134	10
Per share, $
Per share, $	Revenue	6.39	6.76	7.66	9.12	9.23	8.99	11.22	16.80	19.29	17.59
	Earnings	1.79	1.95	2.40	2.61	2.26	2.39	3.40	3.72	2.50	2.64
	Cash flow	2.43	2.02	2.24	2.91	2.17	4.34	4.11	3.28	5.92	2.96
	Capex	(0.30)	(0.12)	(0.32)	(0.25)	0.30	0.05	0.00	0.02	0.02	0.02
	Free cash flow	2.13	1.91	1.92	2.66	2.47	4.38	4.11	3.30	5.93	2.98
	Book value	21.62	22.56	23.49	25.26	26.25	29.31	34.83	37.22	40.41	37.91
	Shares, m	91	89	85	80	77	73	65	65	74	80
Valuation, ×
Valuation, ×	P/E	14.91	17.41	13.09	14.17	9.31	14.30	8.82	6.84	14.05	11.43
	P/S	4.18	5.02	4.10	4.06	2.26	3.82	2.67	1.52	1.81	1.72
	P/B	1.23	1.50	1.34	1.46	0.79	1.36	0.99	0.78	0.96	0.89
	EV/Sales	6.97	8.20	7.27	6.55	3.67	3.25	4.64	3.95	2.43	2.51
	EV/FCF	20.90	29.10	28.93	22.45	13.68	6.66	12.66	20.13	7.88	14.82
Cash, $m
Cash, $m	Operating cash flow	222	180	191	234	167	314	268	214	439	237
	Capex	(27)	(10)	(27)	(20)	23	3	0	1	1	2
	Free cash flow	195	169	164	214	190	318	269	215	441	239
Balance, $m
Balance, $m	Working capital	(390)	271	312	265	519	218	539	2,199	1,720	(939)
	Total debt	2,080	2,225	2,330	2,250	2,700	1,720	2,125	3,650	3,268	1,766
	Net debt	1,630	1,912	2,061	1,831	997	(371)	1,441	2,669	886	1,108
	Shareholders’ equity	1,976	2,006	1,997	2,033	2,014	2,126	2,274	2,426	3,000	3,040
Returns, %
Returns, %	ROA	1.11	1.15	1.31	1.30	0.98	0.90	1.10	1.12	0.73	0.77
	ROIC	4.30	4.09	3.96	4.25	4.55	8.30	5.05	3.99	4.12	4.36
	ROE	8.35	8.72	10.19	10.43	8.57	9.04	11.67	11.84	7.68	7.77

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BBT Beacon Financial Corporation	$2.3B	15.1×	9.7×	+99.71% (above 0%: growing)	+211.49% (above 0%: growing)	+88.09% (above 0%: growing)	68.58%	0.00%	Compare
MBIN Merchants Bancorp	$2.3B	9.8×	9.1×	−4.26% (below 0%: shrinking)	+146.67% (above 0%: growing)	+267.73% (above 0%: growing)	53.63%	0.00%	Compare
OFG OFG Bancorp	$2.2B	10.3×	9.8×	+2.40% (above 0%: growing)	+20.87% (above 0%: growing)	+41.84% (above 0%: growing)	82.69%	0.00%	Compare
WAFD WaFd, Inc.	$2.2B	9.1×	10.9×	+1.80% (above 0%: growing)	+16.44% (above 0%: growing)	+33.88% (above 0%: growing)	57.68%	0.00%
NWBI Northwest Bancshares, Inc.	$2.2B	14.2×	10.3×	+18.20% (above 0%: growing)	+42.31% (above 0%: growing)	+538.73% (above 0%: growing)	75.69%	0.00%	Compare
EFSC Enterprise Financial Services Corporation	$2.2B	11.8×	11.1×	+1.34% (above 0%: growing)	−19.12% (below 0%: shrinking)	+15.23% (above 0%: growing)	75.04%	0.00%	Compare
SRCE 1st Source Corporation	$2.1B	12.3×	11.1×	+3.88% (above 0%: growing)	+29.14% (above 0%: growing)	+16.78% (above 0%: growing)	75.70%	0.00%	Compare
FCF First Commonwealth Financial Corporation	$2.0B	12.4×	11.1×	+1.44% (above 0%: growing)	+37.50% (above 0%: growing)	−98.48% (below 0%: shrinking)	74.84%	0.00%	Compare
TBBK The Bancorp, Inc.	$2.0B	9.2×	9.1×	−9.61% (below 0%: shrinking)	+14.06% (above 0%: growing)	−31.16% (below 0%: shrinking)	79.72%	0.00%	Compare
Median of peers	$2.2B	12.1×	10.1×	+1.92%	+33.32%	+29.31%	75.36%	0.00%

All 323 Banks Regional stocks →

WaFd, Inc. (WAFD) key facts

Concern: WaFd, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $1.4 billion, down 1.52% from fiscal 2024.
Strength: Net income was $226.1 million, or $2.64 per share (basic), a net margin of 15.0%.
WaFd, Inc. (WAFD) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, WAFD traded at $29.10, a market capitalization of $2.2 billion.
At that price the stock trades at 9.1× trailing-twelve-month earnings and 1.5× sales; its P/E is higher than 11% of its own readings over the past ten years.
WaFd, Inc. pays an annual dividend of $1.08 per share, a yield of 3.71%, with a payout ratio of 34.1%.
Return on equity was 7.77% and debt-to-equity 1.08.
Its Piotroski F-score is 6 out of 9 for fiscal 2025.